2.4%23 Apr 2015 09:41
Taken my personal stake here to 2.4% of the company. By my calculations only around 32.5% of all shares in circulation are available to the public - let's say, at a guess, 15% of that 32.5% are in the hands of PIs who are holding for the long term, that means there are only 2.2 million shares in free float. That is an incredibly small number and given the market cap of circa 360k GBP (trading at a discount to cash in bank), it will only take a bit of interest here (update on investments or potential reverse takeover) to send the SP north. I'd be happy with a 5-bagger from these levels.